Investing.com’s stocks of the week

Investing.com -- U.S. indices are on track for a fall this week, as a jump in crude above $100 a barrel, amid continued Middle East tensions, impacted sentiment.

Here are Investing.com's stocks of the week:

Dell Technologies

Dell has climbed 10.8% so far on Friday, aiming to close above its 52-week high of $562.99, up 8.8% over the week after updates centered on AI server demand.

The rally comes after CFO David Kennedy told the Goldman Sachs Communacopia + Technology Conference on Wednesday that second-quarter AI server bookings reached $6.1 billion, matching the combined total of the previous three quarters.

The 12-month AI booking total now stands at $13.2 billion, with an AI infrastructure backlog of $95 billion.

Dell was also added to the S&P 100.

Meta Platforms

Meta has risen 6.1% over the week after releasing Muse Spark 1.3, with CEO Mark Zuckerberg saying the update delivers frontier performance at low cost.

The company described the release as its largest improvement in coding and agentic work capabilities to date. The model is available through Muse Code and Meta's API, with Zuckerberg saying open weights versions will follow in the near future.

Oil stocks

Energy names advanced as crude pushed higher on continued Middle East tensions, with gains from Houthi forces in Yemen reportedly giving them control of the key Bab al-Mandab Strait.

Brent briefly topped $109 a barrel on Thursday and is currently trading above $104.

Marathon Petroleum leads the group with a 4.5% weekly gain, followed by Exxon Mobil at 2.8%, Chevron up 2%, and Occidental Petroleum and ConocoPhillips both 1.5% higher.

Oracle

Oracle is a laggard so far, falling 4.4% over the week. The stock opened higher on Friday following Thursday's post-close results but has since reversed, trading down 0.3% at $152.44.

First-quarter earnings of $1.92 per share beat the $1.73 consensus, while revenue of $19.3 billion topped estimates of $19.13 billion.

Cloud revenue came in at $11.6 billion against expectations of $11.46 billion. Guidance for third-quarter earnings of $1.83 to $1.91 straddles the $1.89 consensus.

Guggenheim analyst John DiFucci reiterated a Buy rating and $400 price target on the stock following the earnings release, stating that a closer look at the numbers, alongside incremental details disclosed by management, paints "an even brighter future."

Bloom Energy

Bloom Energy has surged 16.3% over the week, with a 6.4% rise so far on Friday, after S&P Dow Jones Indices confirmed it will join the S&P 500 before the open on Monday, September 21, coinciding with the quarterly rebalance.

The company replaces Molson Coors Beverage.

UBS analyst Manav Gupta raised his price target for the stock to $325 from $300 while maintaining a Buy rating, describing the inclusion as a significant positive catalyst.

He noted that S&P 500 membership has historically driven a meaningful increase in passive ownership, typically around 10% to 15% of shares outstanding, with index funds effectively required to hold roughly 25% to 30% of each constituent's free-float market capitalization.

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